USD/JPY Technical Update 8/12/12

December 8, 2012 by  
Filed under FX News

USD/JPY Technical Update 8/12/12

The USD/JPY is now trading within an established “box consolidation phase” range, between 81.68 and 82.83, as is seen below on the daily timeframe dollar/yen chart.

See the following USD/JPY chart for our current view on this pair and associated technical levels.

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